When Tottenham allowed Luka Modric to join Real Madrid after a prolonged transfer saga last season, the club released a statement.
It read: "The club can announce that it has signed a partnership agreement with Real Madrid FC and reached an agreement for the transfer of Luka Modric, subject to medical, to the Spanish club.
"The partnership agreement will see the two clubs working together in respect to players, coaching, best practices and commercial relationships."
What did Spurs get exactly from this partnership? Is this partnership meant to be mutually benefiting or did it just turn Tottenham into a feeder club for Madrid?
Looking back at the past year, there have been no deals regarding players or any publicly announced training events between the clubs. Unless you think Cristiano Ronaldo personally taught Gareth Bale how to take his trademark free-kicks.
Right after the Modric deal, Andre Villas-Boas needed someone to fill in the void. A reunion with Joao Moutinho seemed to be on the cards before the deal fell through due a complicated third party ownership issue. He needed a box-to-box midfielder to get his 4-3-3 philosophy to White Hart Lane.
In the mean time, Madrid had a certain Nuri Sahin who would have fit the bill perfectly. Given his unsettled nature at the club, Madrid were looking to loan him out.
If this 'partnership' was of any worth, Spurs should have got first choice on the Turkish International. Instead he joined Liverpool on a six-month loan.
When Kaka was struggling to get into the first team and played just half of the teams league matches, Spurs should have pushed to bring him in on loan during the January transfer window, had the partnership given them some authority.
Even in the current scenario, when Madrid is looking to offload Gonzalo Higuain and Spurs are in dire need for options up-front. There is no talk about a deal bringing Higuain to the Lane.
Instead Madrid are facilitating a move to the rivals down the road, Arsenal.
There has been increased talk linking Bale with a move to the Bernabeu. The more you look at the past year, it becomes increasingly evident that Spurs got nothing from the partnership but turning into the feeder club of the richest club in the world.
Only Daniel Levy can tell us - what he has signed up for?
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